TaxTMI 
TaxTMI 
Unclaimed / Uncleared Cargo
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....ration Instant Cargo, for the expeditious clearance of cargo lying unclaimed/ uncleared in the seaports, Airports and Aircargo within a specified complexes time limit. The instructions in respect of Air Cargo complexes have already been issued vide D.U. letter F.No. 446/ 44/ 92- Cus. IV dated 20.9.97 from Member (Customs) 2. The following instructions are being issued in respect of unclaimed / u....
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....or any proceedings. If no such intimation is received from the Customs within 15 days, the Custodian can go ahead with the disposal of the goods. 2.4 The valuation the goods for disposal shall be done by the Custodians through approved valuers appointed by them, irrespective of any value arrived at by the Appraisers earlier. In cases of doubt, the same may be referred to a panel of three valuer....
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....n. 2.7 The sale proceeds shall be shared between the Custodians and the Customs on 50:50 basis. 3.1 All the goods landed between 01.01.1994 and 31.12.1996 and lying unclaimed/ uncleared may be taken up for disposal, and the action should be completed by the target data fixed by the the respective custodians. The following procedure shall be adopted for disposal of such goods. 3.2 The resp....
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....shall prepare a monthly list of Cargo due for disposal and sent it of the customs. In case, Customs desires detention of any of the consignments for their being involved in disputes, court cases etc., they shall intimate Port Trusts within 30 days of the receipt thereof. If no intimation is received from the Customs within 30 days, the Custodian shall presume that Customs have no objection and sha....